A debit balance in the Cash Over and Short account reflects an expense and is reported on the income statement as part of selling, general and administrative expenses.
Answer the following statement true (T) or false (F)
True
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Krista focuses on directing and controlling behavior among her employees to ensure that tasks get done. She tends to closely oversee performance. Krista’s interaction with employees is ______ behavior.
A. interactive B. directive C. supportive D. reactive
A webinar is an interactive web-based seminar that is broadcast over the Internet
Indicate whether the statement is true or false.
Activity-based costing is a method of cost allocation that is useful for assigning ____ costs to products or services
A) direct materials B) direct labor C) overhead D) direct materials and direct labor
All of the following are potential disadvantages to employees covered by a money-purchase pension plan EXCEPT
A) The contribution rate by the employer is uncertain. B) The retirement benefit can only be estimated in advance of retirement. C) The benefit formula may produce an inadequate benefit if an employee enters the plan at an older age. D) The investment losses are borne by the employees.